2 years ago

Why is it so important to have a checking account?

1 answer:

3 0

Checking account makes one's money available when and where you need it while also keeping it safe.

Let first understand that Checking account is an account that facilitates easy withdrawal and deposit at any period of time while Saving account is an account used primarily for savings.

Usually, a saving account does not allow withdrawal until maturity period, but the Checking account is opposite because its an account that is made ready for withdrawal of money therein.

In conclusion, a debit card are issued with the Checking account to ensure your money is available when and where you need it.

Learn more about Checking account here

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